Crude oil exports from Saudi Arabia’s western Yanbu port rose to nearly 4 million barrels per day last week, a sharp increase from export levels before the Iran war broke out, Reuters reports, citing shipping data.

Saudi Aramco, the world’s biggest oil exporter, can pump up to 7m bpd to Yanbu through its East-West pipeline, around 5m bpd of which could be available for exports, with the rest supplying local refineries, Aramco said on March 10.

In February, total Saudi crude exports exceeded 7m bpd, according to Kpler.

Crude exports via Yanbu have averaged about 2.9m barrels per day so far in March, data from Kpler showed, slightly above figures provided by LSEG.

This marks a sharp increase from an average of 770,000 bpd in January and February.

An Aramco employee walks near an oil tank at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia. — Reuters/File
An Aramco employee walks near an oil tank at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia. — Reuters/File

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